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Nick O'Donovan

Senior Lecturer at the Future Economies Research Centre, Manchester Metropolitan University
Nick is a Senior Lecturer in the Future Economies Research Centre at Manchester Metropolitan University. With a background in public policy, Nick has worked on questions of taxation, public financial management, economic development and decentralisation for organisations including the European Commission and the UK Labour Party, as well as for developing countries and emerging economies. He has a PhD in Government from Harvard University.

Tax cuts rumoured but the UK's autumn statement will offer little economic comfort

Nov 21, 2023 04:01 am UTC| Economy

The UK chancellors autumn statement is likely to be relatively uneventful yet extremely significant. Although some headline-seeking tax cuts are rumoured, sluggish economic growth and persistent inflation leave little...

How a one-off tax on wealth could cover the economic cost of the coronavirus crisis

May 04, 2020 13:39 pm UTC| Insights & Views Economy

The UKs annual public deficit is predicted to balloon from a previously forecast 55 billion to 273 billion by the end of 2020. This increase is the product of higher government spending to contain the human and economic...

A 'lifetime income super-tax' offers a new way to tax wealth and fix inequality

Dec 17, 2018 10:48 am UTC| Insights & Views Economy

The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing. So said Jean-Baptiste Colbert, minister of finance to Frances 17th-century Sun King,...

Economy

Is It Still a Good Time to Invest in China's Market? HSBC's Analysis on FTSE China A50 Rally

Chinese policymakers have recently unveiled various monetary, fiscal, and equity market stimulus measures, leading to a significant surge in the FTSE China A50 index. The market jumped by 28% in just two weeks, causing...

JPMorgan Analysts Forecast Bitcoin and Gold Surge Amid Geopolitical Tensions and U.S. Election

JPMorgan analysts project that rising geopolitical tensions and the upcoming U.S. election will drive a surge in demand for Bitcoin and gold. This shift comes as investors look for alternatives to safeguard their assets...

Chinese Property Bonds Rally as Investors See Revival Amid Government Stimulus

Chinese Property Bonds Gain Investor Confidence with Government Stimulus Chinese and global institutional investors are revisiting Chinese property bonds, banking on an improved market outlook as the Chinese government...

Global Stocks Slump Amid Middle East Tensions and Oil Price Surge

Global stocks fell on Thursday as major equity markets across the U.S., Europe, and Asia reported losses. The decline was influenced by rising geopolitical tensions in the Middle East and an oil price surge, overshadowing...

U.S. Dock Workers Strike Ends with Tentative Wage Deal, Avoiding Major Supply Chain Disruptions

U.S. Dock Workers Strike Ends After Tentative Agreement Reached The U.S. dock workers strike has officially ended following a tentative agreement between dock workers and port operators, putting a stop to a crippling...

Politics

Donald Trump Receives Overwhelming Endorsement: ‘200+ Military Leaders Back His Return to the White House'

In a stunning show of support, more than 200 retired military generals and admirals have publicly endorsed former President Donald Trump in an open letter, underscoring their belief in his leadership and commitment to the...

Donald Trump's Pal Elon Musk Slams Kamala Harris Win: 'A Disaster for Civilization'

Elon Musk has voiced serious concerns about Kamala Harris potentially winning the upcoming presidential election, calling it not only bad for America but warning that it could spell disaster for the future of civilization...

Donald Trump Set for Landslide Victory: ‘Commanding Lead in Key States – This Could Be Unstoppable'

Donald Trump appears to be positioned for a sweeping victory in the upcoming presidential election, as new polling data suggests the former president holds a commanding lead in several crucial battleground states....

Donald Trump Refuses 60 Minutes Interview Over Lack of Apology for Hunter Biden Laptop Story

In a bold move, former President Donald Trump announced that he is refusing to sit down for an interview with 60 Minutes until he receives an apology for the networks previous claims regarding Hunter Bidens infamous...

Biden-Harris Admin Warns FEMA May Run Out of Funds Amid Hurricane Season After Billions Sent Overseas

In a shocking development, the Biden-Harris administration announced that FEMA (Federal Emergency Management Agency) may not have enough resources to make it through the rest of hurricane season. This warning comes on the...

Science

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

SpaceX and T-Mobile Begin Testing Starlink Cellular Satellite Service Ahead of 2025 Launch

SpaceX and T-Mobile have reportedly initiated tests for their highly anticipated Starlink Cellular satellite service. Speculation emerged after users noticed satellite activity on their phones, fueling excitement ahead of...

SpaceX Pauses Falcon 9 Launches After Anomaly During Crew 9 Mission Investigation

SpaceX has suspended all Falcon 9 launches after an anomaly occurred with the rockets second stage during the Crew 9 mission for NASA. The second stage failed to land as planned, prompting an investigation and delaying...

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

Starlink Reaches 4 Million Customers Globally as SpaceX Expands Operations and Services

SpaceXs Starlink has officially surpassed 4 million customers across more than 100 countries. This milestone was announced by SpaceX COO Gwynne Shotwell, who also outlined plans for expanding Starlinks satellite network...

Technology

Shiba Inu Shock: Whale Transactions Slump by 4 Trillion SHIB – What’s Next?

Shiba Inu faces a shocking downturn as whale transaction volumes slump by 4 trillion SHIB, dropping from 9 trillion to 5 trillion in a single day. This unexpected decrease raises questions about the cryptocurrencys future...

Bitcoin to Reach $120K in October as Analyst Predicts Explosive Wave 5 Breakout

Bitcoin may hit a new all-time high in October, with predictions of a wave 5 breakout driving prices to as much as $120,000. Market experts warn of volatility, but the outlook remains bullish. Wave 5 Breakout Predicted...

Toyota Delays First U.S.-Made EV Until 2026 Despite $1.3B Kentucky Plant Renovation

Toyota has delayed the production of its first U.S.-made electric vehicle to 2026, despite investing $1.3 billion to renovate its Kentucky plant. The leading automaker initially planned to launch the three-row electric SUV...

Tesla’s Latest Cybertruck Recall Quietly Unveils How Many Have Been Manufactured So Far

Tesla has issued another recall for its Cybertruck due to a rearview camera glitch. This recall, though, gives insight into the number of Cybertrucks manufactured since November 2023, with the company revealing 27,185...

Mark Cuban Warns Every Meme Coin Is "A Rug Pull in the Works," Likens Trading to Musical Chairs

Mark Cuban has warned that every single meme coin is a rug pull in the works, cautioning traders about the dangers of these speculative assets. He likened the chaotic nature of meme coin trading to a game of musical...